Category: Best forex broker in Iniad

By Administrator_India Capital Sands Asian stock markets were up on the last trading day of the week despite drops in Chinese industrial profits and a huge rise in U.S. jobless claims. China’s National Bureau of Statistics reported that industrial profits for January and February dropped 38.3% year on year, compared to a 6.3% drop in December 2019. The steepest drop in a decade was due to lockdowns to curb the spread of COVID-19. Despite the news, China’s Shanghai Composite was up 0.8%, while the Shenzhen Component was up 0.97%. Hong Kong’s Hang Seng…

By Admininstrator_India Capital Sands In undertaking what will undoubtedly be its largest rescue effort ever, the Federal Reserve on Monday announced programs that represent a never-before-seen intervention by the central bank into the heart of the “real” American economy. Chair Jerome Powell and his colleagues, in a desperate gambit to prevent outright economic calamity during the coronavirus pandemic, are on the cusp of redefining the long-established role of the U.S. central bank, extending its “lender of last resort” power from Wall Street to Main Street and City Hall. With many…

By Administrator_India Capital Sands Asian markets took sharp tumbles across the board Monday morning as the number of COVID-19 cases rose sharply around the world over the weekend. Globally, there are now 294,110 confirmed cases and 12,944 deaths as of March 22 according to the World Health Organisation. The S&P/ASX 200 led losses with a tumble of 7.34%. China’s Shanghai Composite lost 2.84% while the Shenzhen Component was down by 2.82%. Hong Kong’s Hang Seng Index was down by 4.99%. Elsewhere, South Korea’s KOSPI is down by 5.30%. Japan’s Nikkei 225 was the sole bright spot as it gained 0.22% after…

By Administrator_India Capital Sands China’s aviation regulator has asked airlines to cut international flights and ordered some Beijing ones to be rerouted, as the country grapples with a rising number of imported coronavirus cases, especially in the capital. The regulator said in a statement on Thursday some international flights of Chinese carriers scheduled to arrive in Beijing in the coming days would be diverted to other airports, including Air China flights from Moscow and Paris that will now arrive in Tianjin. An Air China flight from Tokyo will be diverted on the…